If Consumption Expenditures Are $500 Million, Spending on Fixed Investment

question 240

Multiple Choice

If consumption expenditures are $500 million, spending on fixed investment is $100 million, the increase in inventories equals $5 million, imports are $50 million, exports are $55 million, government spending on goods and services is $200 million, than GDP is

• A) $790 million.
• B) $800 million.
• C) $810 million.
• D) $830 million.

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Definitions:

Retail Storage

The space and facilities used to hold goods in a retail environment before they are sold to consumers, impacting the availability and accessibility of products.

Supply Chain Performance

The measurement and assessment of the efficiency, effectiveness, and adaptability of supply chain activities and processes.

Transportation Cost

The expense incurred in moving goods or materials from one location to another.

Outbound Shipment

The process of sending goods from a warehouse or distribution center to their next destination, which could be another distribution center, a retail store, or the end customer.